After the previous post speaking about the weakness, DRB plunged about 7 cents in a day. I hope those that did not sell previously would have respect your STOP LOSS and sold your position. Support could be at RM1.00.

ENGTEX did not appear in the blog for buy recommendation due to the fact that it has reached the dangerous overbought area for sometime already. However it was a “hot counter” and was heavily traded  by many. It is interesting that the stock of a company that has not been performing could have gone up [...]

Continue to observe Gamuda for these couple days. It is within a trading channel. The next support level could well be RM2.50. You could buy now and put the STOP LOSS @ RM2.50 and take profit (for short term trade) @ once it touches the channel. If you’re in long term trade, you could hold [...]

Diminishing volume on an up bar is a sign of weakness. The next immediate resistance is at RM1.05. Your Stop Loss should be readjusted to RM1.00 now. Remember, this is only a short term trade. The market climate still does not promise a rally, unless it is otherwise affected by individual company announcement. Sell @ [...]

It seems like DRB is “pushing through the supply” on Friday. After days of going sideway, it finally broke out the resistance with good volume.
Due to the political atmosphere now, this presents a very short term opportunity. Buy now and put your STOP LOSS @ RM0.95. Profit objective could be set at RM1.35. But remember, [...]